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Office

College of the Mainland-League City

1411 W Main St, League City, TX 77573

Listing Price: $6,000,000

Cap Rate
4.80%
Gross SF
27,570
Rentable SF
27,570
Price/Gross SF
$217.63
Lot Size
3.15 acres
Year Built
1994

Investment Overview

College of the Mainland's League City Campus is available for sale with approximately 7 years remaining on their lease and two (2) five-year options. 27,570 SF of space on 3.15 acres with frontage to FM 518 and 0.2 miles from I-45. Perfect 1031 exchange candidate.

Investment Highlights

  • 100% Occupied- Single Tenant
  • College of the Mainland-League City 2003. Accredited Community College
  • 10 year lease with 7 years remaining. 2 five-year Options with rental increases.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Office

College of the Mainland-League City

Listing Price: $6,000,000

Cap Rate
4.80%
Gross SF
27,570
Rentable SF
27,570
Price/Gross SF
$217.63
Lot Size
3.15 acres
Year Built
1994

Investment Highlights

  • 100% Occupied- Single Tenant
  • College of the Mainland-League City 2003. Accredited Community College
  • 10 year lease with 7 years remaining. 2 five-year Options with rental increases.

Investment Overview

College of the Mainland's League City Campus is available for sale with approximately 7 years remaining on their lease and two (2) five-year options. 27,570 SF of space on 3.15 acres with frontage to FM 518 and 0.2 miles from I-45. Perfect 1031 exchange candidate.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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